916 CUMBERLAND ST Pending

Lebanon,PA 17042

$ 289000

- Bed

- Bath

2988 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,988 sqft

Price per Sqft $96

Subdivision City

MLS Listing ID PALN2019400

Style Traditional

Year Built 1943

Available Date 2025-03-26

Annual Tax Amount $3,374

Tax Year 2025

Lot Size 3,049 Sqft

Property Sub-Type Twin/Semi-Detached

Property Description

Investor alert! Located on Main Street at 916 Cumberland St in the heart of Lebanon, this 3-unit mixed-use property is a prime income-producing asset. The first floor is home to a popular sports bar with a newly signed five-year lease at $925/month, featuring annual rent increases for built-in growth. Upstairs, the two-bedroom residential unit rents for $1,000/month, while the one-bedroom brings in $900/month—totaling $2,825 in monthly income. The property also includes off-street parking, a valuable amenity in this central location. With strong, steady returns and long-term tenants in place, this is a turnkey investment opportunity you won't want to miss.

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Exterior

Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available

Water Access N

Roof Type Shingle

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Lebanon

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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